Period
to 16 October 2018

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 16 October 2018 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Market Risk
England > London
6 months to
16 Oct 2018
Same period 2017 Same period 2016
Rank 433 289 413
Rank change year-on-year -144 +124 -166
Contract jobs citing Market Risk 196 408 221
As % of all contract IT jobs advertised in London 0.42% 0.91% 0.50%
As % of the Miscellaneous category 1.10% 2.30% 1.32%
Number of daily rates quoted 161 303 152
London median daily rate £625 £600 £650
Median daily rate % change year-on-year +4.17% -7.69% +13.04%
10th Percentile £425 £450 £463
90th Percentile £763 £933 £800
England median daily rate £625 £600 £650
% change year-on-year +4.17% -7.69% +13.04%
Number of hourly rates quoted 0 0 2
London median hourly rate - - £65.00
England median hourly rate - - £65.00

Market Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 17,808 17,707 16,803
As % of all contract IT jobs advertised in London 38.57% 39.40% 37.83%
Number of daily rates quoted 12,837 12,655 11,961
London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £319 £313 £285
90th Percentile £700 £675 £650
England median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% +1.19%
Number of hourly rates quoted 262 223 244
London median hourly rate £22.93 £21.30 £19.00
Median hourly rate % change year-on-year +7.65% +12.11% -4.70%
10th Percentile £13.03 £12.52 £11.25
90th Percentile £53.50 £47.50 £50.00
England median hourly rate £21.50 £20.00 £20.00
% change year-on-year +7.50% - +8.11%

Market Risk
Job Vacancy Trend in London

Job postings citing Market Risk as a percentage of all IT jobs advertised in London.

Job vacancy trend for Market Risk in London

Market Risk
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Market Risk in London.

Contractor daily rate trend for Market Risk in London

Market Risk
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Market Risk in London over the 6 months to 16 October 2018.

Contractor daily rate histogram for Market Risk in London

Market Risk
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Market Risk in London.

Contractor hourly rate trend for Market Risk in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 6 months to 16 October 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -41 49 £625 +4.17% 9
East London -26 1 - -
West London - 1 - - 2
Market Risk
England

For the 6 months to 16 October 2018, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for Market Risk.

1 100 (51.02%) Finance
2 98 (50.00%) Banking
3 94 (47.96%) C#
4 74 (37.76%) .NET
5 73 (37.24%) SQL
6 71 (36.22%) Investment Banking
7 63 (32.14%) Credit Risk
8 62 (31.63%) Agile Software Development
9 60 (30.61%) Front Office
10 58 (29.59%) Risk Management
11 54 (27.55%) SQL Server
12 51 (26.02%) Fixed Income
13 49 (25.00%) Stress Testing
14 45 (22.96%) WCF
15 44 (22.45%) Derivative
16 34 (17.35%) WPF
16 34 (17.35%) JIRA
17 33 (16.84%) .NET Framework
18 32 (16.33%) MVVM
19 31 (15.82%) SQL Server Reporting Services
20 30 (15.31%) Java
20 30 (15.31%) Test Scripting
21 29 (14.80%) NoSQL
21 29 (14.80%) Foreign Exchange (FX)
22 28 (14.29%) T-SQL
22 28 (14.29%) MongoDB
22 28 (14.29%) Integration Testing
22 28 (14.29%) Enterprise Software
22 28 (14.29%) Technical Analysis
23 27 (13.78%) SOLID

Market Risk
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 13 (6.63%) Apache Spark
2 9 (4.59%) Oracle Coherence
3 8 (4.08%) Apache
4 5 (2.55%) Oracle SOA Suite
5 2 (1.02%) Confluence
5 2 (1.02%) SAS
6 1 (0.51%) GemFire
6 1 (0.51%) NServiceBus
6 1 (0.51%) WebSphere
Applications
1 12 (6.12%) Microsoft Excel
2 2 (1.02%) MS Visio
3 1 (0.51%) Microsoft Office
3 1 (0.51%) Microsoft PowerPoint
Business Applications
1 2 (1.02%) Summit
1 2 (1.02%) SunGard APT
2 1 (0.51%) thinkFolio
Cloud Services
1 8 (4.08%) Cloud Computing
2 4 (2.04%) Amazon AWS
3 2 (1.02%) Microsoft Azure
4 1 (0.51%) NuGet
4 1 (0.51%) OpenShift
Database & Business Intelligence
1 54 (27.55%) SQL Server
2 31 (15.82%) SQL Server Reporting Services
3 29 (14.80%) NoSQL
4 28 (14.29%) MongoDB
5 14 (7.14%) Big Data
6 12 (6.12%) SQL Server Analysis Services
7 10 (5.10%) SQL Server Integration Services
8 9 (4.59%) Hadoop
9 7 (3.57%) Riak
10 5 (2.55%) Blockchain
10 5 (2.55%) Relational Database
10 5 (2.55%) SQL Server 2012
11 3 (1.53%) Data Mining
11 3 (1.53%) Data Warehouse
12 2 (1.02%) Data Mart
12 2 (1.02%) OLAP
13 1 (0.51%) Apache Cassandra
13 1 (0.51%) Base SAS
13 1 (0.51%) Oracle OLAP
13 1 (0.51%) SQL Server 2008
Development Applications
1 34 (17.35%) JIRA
2 27 (13.78%) Atlassian Bamboo
2 27 (13.78%) Subversion
3 9 (4.59%) Jenkins
4 4 (2.04%) Cucumber
4 4 (2.04%) TestDirector
5 3 (1.53%) JMeter
6 2 (1.02%) SpecFlow
6 2 (1.02%) Team Foundation Server
7 1 (0.51%) Artifactory
7 1 (0.51%) Bitbucket
7 1 (0.51%) NUnit
7 1 (0.51%) ReSharper
7 1 (0.51%) TeamCity
7 1 (0.51%) Visual Studio
7 1 (0.51%) Visual Studio Team System
General
1 100 (51.02%) Finance
2 98 (50.00%) Banking
3 71 (36.22%) Investment Banking
4 60 (30.61%) Front Office
5 4 (2.04%) Back Office
5 4 (2.04%) Financial Institution
6 2 (1.02%) Games
6 2 (1.02%) International Banking
6 2 (1.02%) Legal
Job Titles
1 132 (67.35%) Developer
2 76 (38.78%) C# Developer
3 62 (31.63%) Market Risk Developer
4 53 (27.04%) Analyst
5 39 (19.90%) Senior Developer
6 32 (16.33%) Risk Analyst
7 28 (14.29%) C# WCF Developer
7 28 (14.29%) Credit Risk Developer
7 28 (14.29%) WCF Developer
8 26 (13.27%) Business Analyst
9 24 (12.24%) Senior C# Developer
10 19 (9.69%) .NET Developer
11 18 (9.18%) Market Risk Analyst
12 15 (7.65%) Java Developer
12 15 (7.65%) SQL Developer
13 14 (7.14%) Scala Developer
14 13 (6.63%) Qualitative Analyst
14 13 (6.63%) Quantitative Analyst
14 13 (6.63%) Risk Business Analyst
15 12 (6.12%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 74 (37.76%) .NET
2 45 (22.96%) WCF
3 34 (17.35%) WPF
4 33 (16.84%) .NET Framework
5 27 (13.78%) Reactive Extensions
5 27 (13.78%) Task Parallel Library
6 12 (6.12%) ASP.NET
7 11 (5.61%) WF
8 7 (3.57%) Java EE
9 6 (3.06%) RESTful
10 4 (2.04%) AngularJS
10 4 (2.04%) Gherkin
10 4 (2.04%) HTML
11 3 (1.53%) Hibernate
11 3 (1.53%) Spring
12 2 (1.02%) CSS
12 2 (1.02%) CSS3
12 2 (1.02%) Murex MxML
12 2 (1.02%) Node.js
12 2 (1.02%) Web Services
Miscellaneous
1 63 (32.14%) Credit Risk
2 51 (26.02%) Fixed Income
3 44 (22.45%) Derivative
4 29 (14.80%) Foreign Exchange (FX)
5 28 (14.29%) Enterprise Software
6 16 (8.16%) Grid Computing
7 10 (5.10%) Equities
8 7 (3.57%) Hedge funds
8 7 (3.57%) Interest Rate Derivative
9 5 (2.55%) OTC Derivatives
10 4 (2.04%) Data Structures
10 4 (2.04%) Greenfield Project
11 3 (1.53%) Analytical Skills
11 3 (1.53%) SWIFT
12 2 (1.02%) Swaptions
12 2 (1.02%) User Experience
12 2 (1.02%) Video\Live Streaming
13 1 (0.51%) Computer Science
13 1 (0.51%) Equity Derivative
13 1 (0.51%) Virtual Team
Operating Systems
1 2 (1.02%) Windows
2 1 (0.51%) Linux
Processes & Methodologies
1 62 (31.63%) Agile Software Development
2 58 (29.59%) Risk Management
3 49 (25.00%) Stress Testing
4 32 (16.33%) MVVM
5 30 (15.31%) Test Scripting
6 28 (14.29%) Integration Testing
6 28 (14.29%) Technical Analysis
7 27 (13.78%) SOLID
8 25 (12.76%) OO
9 21 (10.71%) Analytics
9 21 (10.71%) BDD
10 18 (9.18%) TDD
11 16 (8.16%) Migration
12 14 (7.14%) Problem-Solving
12 14 (7.14%) Validation
13 13 (6.63%) Low Latency
13 13 (6.63%) Multithreading
13 13 (6.63%) Risk Analytics
13 13 (6.63%) Software Engineering
14 12 (6.12%) Continuous Integration
Programming Languages
1 94 (47.96%) C#
2 73 (37.24%) SQL
3 30 (15.31%) Java
4 28 (14.29%) T-SQL
5 23 (11.73%) VBA
6 22 (11.22%) Scala
7 21 (10.71%) Python
8 15 (7.65%) C++
9 7 (3.57%) R
10 4 (2.04%) Haskell
11 3 (1.53%) Java 8
11 3 (1.53%) Kotlin
12 2 (1.02%) JavaScript
12 2 (1.02%) MATLAB
13 1 (0.51%) PL/SQL
13 1 (0.51%) PowerShell
13 1 (0.51%) XMLA
Qualifications
1 5 (2.55%) Degree
2 2 (1.02%) Master's Degree
2 2 (1.02%) PhD
3 1 (0.51%) Numerate Degree
Quality Assurance & Compliance
1 2 (1.02%) IFRS
2 1 (0.51%) Dodd-Frank
2 1 (0.51%) EMIR
2 1 (0.51%) IFRS 9
2 1 (0.51%) MiFID
2 1 (0.51%) QA
System Software
1 7 (3.57%) Docker
Systems Management
1 7 (3.57%) Kubernetes
2 4 (2.04%) HP Quality Center
3 2 (1.02%) Control-M
Vendors
1 21 (10.71%) Oracle
2 17 (8.67%) Microsoft
3 15 (7.65%) Murex
4 4 (2.04%) OpenLink
5 2 (1.02%) Algorithmics
5 2 (1.02%) SunGard
6 1 (0.51%) Tableau